Archive for the ‘Economy/Employment’ Category
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Correcting Course: Employment Insurance Needs a Redesign to Counter Recessions and Achieve Equity
Tuesday, October 11th, 2022
As a primary pillar of Canada’s social safety net, Employment Insurance (EI)… has also gone off track from its original main goal: to provide insurance against unpredictable job losses… The authors make three main policy recommendations: (i) Implement uniform or more universal entrance requirements. (ii) Sharply reduce the number of EI regions. (iii) Improve the responsiveness of the benefit duration formula to labour market downturns and recoveries.
Tags: economy, ideology, jurisdiction, standard of living
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EI Needs A Redesign To Be Recession-Ready
Thursday, October 6th, 2022
… Gray and Busby… propose implementing uniform or more universal entrance requirements across Canada… variations in the length of benefit entitlement periods would be driven by changes in unemployment rates instead of levels in given regions… [and that] the number of regions be sharply reduced… these changes may require a small increase to EI premiums.
Tags: economy, ideology, jurisdiction, standard of living
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The new villain? Workers fighting for better wages. Don’t fall for it
Wednesday, October 5th, 2022
This is an important chapter in the history of workers’ struggles for decent work, a moment of fighting not only inflation but long-standing systemic inequalities. It has the potential to pit unionized worker against non-unionized worker, and private sector worker against public sector worker. Or it has the potential to pave the path toward decent work, through fairness and equity
Tags: economy, ideology, standard of living
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One in six households in Ontario is now struggling with food insecurity. Here’s why it’s going to get worse
Wednesday, September 21st, 2022
The chattering classes have embraced a new economic theme: government efforts to fight inflation will trigger more inflation. They’re wrong… Ontario was the only province where more people were food insecure in 2021 than in 2020… Last week the Trudeau government introduced $4.6 billion in federal aid to be spent on inflation relief until the end of 2023, almost every penny for those with low incomes.
Tags: economy, poverty, standard of living
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We’re losing workers, not jobs
Saturday, September 17th, 2022
It turns out that inflationary pressures are caused by pent-up retirements as well as pent-up spending. And those inflation-causing labour shortages are set to worsen before they improve… The worker shortages hold back economic growth and keep Canada’s productivity growth rates at notoriously low levels. Solutions include fast-tracking immigrants into jobs; experimenting with four-day work weeks and other hybrids; luring retirees back into the workforce; and closing the gender pay gap.
Tags: economy, globalization, immigration, participation, standard of living
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Justin Trudeau’s $3.1B inflation-relief plan includes increase in GST rebate
Tuesday, September 13th, 2022
… the first pieces of legislation… will be to double the GST tax credit, provide dental care payments and increase housing benefits for millions of Canadians… the tax credit increase will last for six months… dental care payments are framed as a first step to achieving a national program… for people without existing insurance… The third measure [will] provide 1.8 million people with a $500 increase their federal housing supports.
Tags: budget, economy, standard of living
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Show me the money: It’s not a worker shortage, it’s a wage shortage
Monday, September 5th, 2022
One of the key worker reasons for not taking jobs is that the jobs are lousy. One of the key ways that a job is lousy is that the pay is too low. Given the disruption in work experienced earlier in the pandemic, followed by sky-high inflation, expecting 10 people to apply for a $15 an hour job isn’t realistic… Job seekers are waiting for employers to show them the money—and to offer good working conditions too.
Tags: economy, featured, Health, ideology, immigration, jurisdiction, participation, standard of living
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Why a universal job guarantee beats the basic income pipe dream
Monday, August 1st, 2022
Job guarantee programs are crucial for a number of reasons. They keep people in the labour force, alleviate poverty, improve health and well-being, add meaning to people’s lives and help the most vulnerable… Like the Canada Emergency Response Benefit, universal basic income might take away the incentive to work for some, resulting in a labour market bereft of workers… a universal job guarantee would be more appealing to voters because it addresses labour shortages while guaranteeing minimum wage.
Tags: economy, featured, ideology, participation, standard of living
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The Rogers outage, and other scenes from the death of neo-liberalism
Friday, July 15th, 2022
The premiers met in B.C. this week and wailed hysterically about needing more money to fix health care. I wouldn’t give them another cent till they pass a written test on what went wrong. They adopted the just-in-time principle from manufacturing (which led to bottlenecks and inflation now rampant) for health. They cut staff to a minimum. Why? Because it fit with the neo-liberal agenda to slash taxes and pay for it with decreased spending on public programs… Then when COVID hit, the system began to crumble.
Tags: economy, Health, ideology, jurisdiction
Posted in Debates, Governance Policy Context | No Comments »
A self-inflicted recession and a pointless sacrifice to a mystical two per cent god
Sunday, July 3rd, 2022
With unemployment low, we now face a devil’s choice between continued inflation and deliberate recession. We need other strategies for motivating growth when needed, and slowing it when it’s not. Other tools could be invoked right now to control inflation, such as strategic price controls, targeted taxes on corporations and high-income earners, and low-cost or free public services. But the dominant orthodoxy demands monetary austerity, and nothing else.
Tags: economy
Posted in Debates, Policy Context | No Comments »
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